Is the bull run begun ?

[Out of mind]

Looking at the current run of Bitcoin people will surely say it is a bull market, but I would say no. Because the bull market hasn't started yet but is about to start when Bitcoin halves next year. As our Bitcoin halving is more likely in April 2024, we will see a Bitcoin bull run next year in 2025.

[Ayers]

Looking at the current run of Bitcoin people will surely say it is a bull market, but I would say no. Because the bull market hasn't started yet but is about to start when Bitcoin halves next year. As our Bitcoin halving is more likely in April 2024, we will see a Bitcoin bull run next year in 2025.

If everyone is waiting and talking about a crazy market bull run, bitcoin making new ATHs and many altcoins delivering thousands of percent returns, then clearly we are not at that stage yet. But to say that 2023 and 2024 are not bull years is not entirely correct. Since we can see that bitcoin has increased from 17k$ to 43k$, many altcoins are also giving significant profits x2, x3...So it can be said that the bull race has begun and the bear season has truly ended.

[huu78]

I think the current market conditions have gone up in the last 3 months so we have to be prepared for a downturn before the halving starts, but some people also deny this and think that bitcoin will continue to rise until the end of this year, we don't know which is true, but sharing our opinions is also not a bad thing to exchange ideas.

[el kaka22]

Seems like we end up getting a smaller bull, sort of "calf" if you will basically. We do not get super high, but we have gotten high small by small. I mean it's been a while, but we have moved from under 20k to almost 50k now, and it all happened in like 6 months or something, that should be pointed out.

People are so used to seeing some crazy increases at all times that they think that it is going to be a crazy big period, well maybe this time around that may not happen? Or it just hasn't started yet, we are not seeing anything major yet, that could mean that we are going to end up with something that might be troublesome one way or another. I get that it is a tough period but we need to end up just waiting it out to see.

[jaberwock]

Looking at the current run of Bitcoin people will surely say it is a bull market, but I would say no. Because the bull market hasn't started yet but is about to start when Bitcoin halves next year. As our Bitcoin halving is more likely in April 2024, we will see a Bitcoin bull run next year in 2025.

BTC is being stable and sometimes dumping. So I don't know why there are people who can say that it's in a bull run. But maybe they think it is, because BTC's value last time was lower than what we have right now. Though the increase was still small IMO. It's more of a recovery only or a mini pump, while a real bull run is when BTC reaches a new all-time high and then other cryptos are rallying as well. Bitcoin bull run can start even without halving, although it can contribute a lot in its price. We are now in the year of 2024 mate, and this is the year where a Bitcoin halving can occur but people are optimistic and thinks the momentum can be carried out in the following year/s.

[dragonvslinux]

All I can say is oh dear, newbies in their first bull run are questioning whether this is the start of the bull-run, seemingly unaware that Bitcoin has been in an uptrend for 12 months already  

I don't mean to be rude but these for me are all the classic signs of a reversal; when people start questioning whether the bull-run is starting after a parabolic move to the upside has already occured. It's very odd to see the "buy the rumour sell the news" so far play-out so accurately, given it was well-documented in the media, but I guess some scenarios (despite how well discussed) just do play out as such.

If anything I'm now getting sceptical over the sell-off, as if everyone starts speculating that there will be a major sell-off, price is more likely to reverse back to $46K to $47K  

Lol, but true, perhaps those asking haven't experienced their first bull run or at least the effect of a block halving. Just like the news of the ETF, the news have been sold already isn't it, the price has pushed to almost $49k and then people celebrating and calling that we are now in the bull run.

Now when I check the price, it's $43k? What gives?

Maybe there are some manipulation from behind by the same people who wanted to have a Bitcoin ETF and so it's obvious that they can make a lot of money from those newbies who are too emotion in the beginning.

Personally I don't consider recent price action manipulation what so ever, usually this would be when there are large swings in price (up or down) and there is no news or reasoning for it. Whereas in this scenario, price dumped literally 30 minutes after the ETFs launch. Then you look back at all the other Bitcoin-based products and how their launches went; CME, CBOE, Bakkt and ProShares for example - price dumped almost instantly. Most notably too, price pumped up until the days of the launch, but in each scenario the price dumped after as the buying pressure was based on the upcoming launch, not the launch itself.

Many simply got complacent if I had to guess. Just like in 2017 with futures launching, the announcement arrived at $5K, and the general belief or understanding was that price would continue to the upside until the launch date. Sure not many expected $20K to arrive, but otherwise it was accurate that the "buy the rumour sell the news" meant that price would continue upwards until the launch dates.

I don't see anything different with these ETF launches either, sure it's a different product, but the concept remains the same. There was a lot of belief that they would be approved in October, and therefore price increased from $30K to $49K, seemingly unstoppable until the launch date, again much like 2017 product launches, as news continued to suggest approval. Then once launch arrived; price dumped.

Same story different year if you ask me. The "this time it will be different" crowd would do well to note that until things actually occur differently, they probably won't.

[doomloop]

With the current performance of Bitcoins, should we say that the Bitcoin bull run has begun or we should expect the real bull run  after the halving as usual.
The current market state is already bringing joy, is this a sort of trap or what could have led to the current positive market performance.

I do really think, sharing experience can help one learn and avoid the shock of greediness on investment. Tell us your view on bitcoins market performance recently

We cannot really know yet. By expectations, the bull run should occur after the halving event, and after some months of it, and the halving event will occur approximately in April, this year. However, by definition, a bull run is when the market and the prices of assets are going up, and we can see that happening, although we are not sure if this will continue or if we will see the market declining soon and have a healthy correction taking it back to around $36k or something.

The current uptrend is providing great scalping opportunities to day traders because a lot of altcoins are performing very well. BNB has managed to go across $300 again which wasn't expected to happen this soon. I was thinking maybe it will hit $300 again only after Bitcoin goes above $50k or something.

[ShowOff]

With the current performance of Bitcoins, should we say that the Bitcoin bull run has begun or we should expect the real bull run  after the halving as usual.
The current market state is already bringing joy, is this a sort of trap or what could have led to the current positive market performance.

I do really think, sharing experience can help one learn and avoid the shock of greediness on investment. Tell us your view on bitcoins market performance recently

We cannot really know yet. By expectations, the bull run should occur after the halving event, and after some months of it, and the halving event will occur approximately in April, this year. However, by definition, a bull run is when the market and the prices of assets are going up, and we can see that happening, although we are not sure if this will continue or if we will see the market declining soon and have a healthy correction taking it back to around $36k or something.

The current uptrend is providing great scalping opportunities to day traders because a lot of altcoins are performing very well. BNB has managed to go across $300 again which wasn't expected to happen this soon. I was thinking maybe it will hit $300 again only after Bitcoin goes above $50k or something.

The price of bitcoin has started to rise since January 2023, but many people may not consider it a bullrun and it is just like a recovery. A bigger bullrun can be expected after the halving, I certainly agree with that and it is a possibility that is also inherently uncertain. It is always difficult to predict prices especially when it comes to assets that fluctuate in price like bitcoin, but considering its fundamentals and history then I am personally also optimistic about higher prices in the coming years.

The approval of a bitcoin ETF this January caused the price to spike drastically, but it only took a few days for it to return to $42k. Currently, CG notes that the price of bitcoin is trading around $43,179 with a market cap of $846,289,947,684 as I write this. This indicates that there has been a price decline in the last 7 days of -5.3%. Prices will recover, but some negative sentiment and belief in past history may cause prices to correct again before the halving.

[GeorgeJohn]

With the current performance of Bitcoins, should we say that the Bitcoin bull run has begun or we should expect the real bull run  after the halving as usual.
The current market state is already bringing joy, is this a sort of trap or what could have led to the current positive market performance.

I do really think, sharing experience can help one learn and avoid the shock of greediness on investment. Tell us your view on bitcoins market performance recently

you can say that we are into a bullrun because of the nature of the market so I believe that the market is something that I know that is not constant it can fall down and it can also increase up so that is the nature of the market because before now the market is already in 47,000 and the letter countdown to Almost 40,000 so that is why you cannot predict the future and they cannot say totally that we are exactly in a bullrun

[Mpamaegbu]

Looking at the current run of Bitcoin people will surely say it is a bull market, but I would say no. Because the bull market hasn't started yet but is about to start when Bitcoin halves next year. As our Bitcoin halving is more likely in April 2024, we will see a Bitcoin bull run next year in 2025.

Many people are looking at the halving event to determine the bull run but unknown to them that Bitcoin has been bullish since the last quarters of 2023. Price stalled at different levels but it certainly didn't disappoint as it shook the drag down off and continued north. If anyone is waiting for halving in April before they buy, they're most likely going to miss a fair price. For me, price always rallied up a few days before the halving event proper. From the last experience I had in 2020, ATH is expected to be a year after halving. It could be around the month of halving too. Nevertheless, I would like you know that this isn't a financial advice. I'm also just speculating.

[_BlackStar]

-snip-

Many people are looking at the halving event to determine the bull run but unknown to them that Bitcoin has been bullish since the last quarters of 2023. Price stalled at different levels but it certainly didn't disappoint as it shook the drag down off and continued north. If anyone is waiting for halving in April before they buy, they're most likely going to miss a fair price. For me, price always rallied up a few days before the halving event proper. From the last experience I had in 2020, ATH is expected to be a year after halving. It could be around the month of halving too. Nevertheless, I would like you know that this isn't a financial advice. I'm also just speculating.

In my opinion - bitcoin price has been recovering since January last year and this has led to higher market cap. We are close to the previous ATH of $69K - but so far it has failed and stalled at around $48,500. The lowest price in 2023 was around $20K - but since then the price of bitcoin has tended to increase and never fell to its lowest area again like in March 2023.

Ahead of the halving - all users are increasing their optimism about the increasing value of bitcoin in the market. ATH is the biggest hope for the upcoming bullish trend - but no one can really guarantee that ATH will be achieved. There are a lot of analyzes and predictions about the new ATH after the halving - but I think they don't seem real yet.

[GeorgeJohn]

I think the current market conditions have gone up in the last 3 months so we have to be prepared for a downturn before the halving starts, but some people also deny this and think that bitcoin will continue to rise until the end of this year, we don't know which is true, but sharing our opinions is also not a bad thing to exchange ideas.

nobody holds the prediction of Bitcoin at hand, and I believe directly that Bitcoin as a cryptocurrency can rise at any point in time and also depreciate at any pointing time, so making a prediction of Bitcoin is not something someone can be dependable on or being reliable to but the process whereby some people that bitcoin price the continue to accelerate throughout this year I don't think that that statement is proper or is accurate because the market of Bitcoin is unpredictable from the beginning I know Bitcoin the value does not remain constant.

[EarnOnVictor]

Looking at the current run of Bitcoin people will surely say it is a bull market, but I would say no. Because the bull market hasn't started yet but is about to start when Bitcoin halves next year. As our Bitcoin halving is more likely in April 2024, we will see a Bitcoin bull run next year in 2025.

BTC is being stable and sometimes dumping. So I don't know why there are people who can say that it's in a bull run. But maybe they think it is, because BTC's value last time was lower than what we have right now. Though the increase was still small IMO.

Well, at times, it might be a misconception and this could be misconceived by the improper conveying of the disposition of the poster. It might be the long-term disposition of the coin which is obviously bullish. However, the short-term disposition is now bearish and if care is not taken, the coin can maintain this till further notice. That is if it would not breach the unexpected levels lower before the halving.

It's more of a recovery only or a mini pump, while a real bull run is when BTC reaches a new all-time high and then other cryptos are rallying as well. Bitcoin bull run can start even without halving, although it can contribute a lot in its price.

It has even done very good work without halving, it might still do though. Moving almost $25,000 upward in about 5 months is massive and even halving didn't do more than that in such a few months. What I suspect now in the next couple of weeks is a deeper correction, this is due enough and all of us should embrace it. peradventure, if the bull run starts again, it will be easy for us to know.

We are now in the year of 2024 mate, and this is the year where a Bitcoin halving can occur but people are optimistic and thinks the momentum can be carried out in the following year/s.

Yeah, the much-anticipated halving is this year, I know Bitcoin will move higher for sure and it would have been dusting off the current bearish dominance when it is getting closer to that day. This should start this year and might end next year before another fresh set of bearish seasons will happen. I hope Bitcoin can perform well this time, there is no much obstacle stopping it in my thought but only for the too many expectations, it could backfire if care is not taken. The market psychology could be unexplainable at times even as nothing is certain.

[Nrcewker]

If you meant that will bitcoin and crypto continue going up in price from here, I really don't know. If I knew when the prices would go up, I'd go all in with leverage lol. But alas, we can't predict the future so we should position our funds carefully.

No one can never know the future. Instead what we can do is just make speculations and estimations. If we see Bitcoins following a particular trend, then we can know that whether the market is going to be bearish or bullish. Currently seeing the scenario then price has fallen 4k usd then the ATH price of this month. So I am assuming this is just the price correction for now. But this doesn’t mean that Bitcoins are in bearish market. Like the history, this time it is meant for Bitcoins to cross the 69k usd mark. Let’s hope for the best.

[Silberman]

No one can never know the future. Instead what we can do is just make speculations and estimations. If we see Bitcoins following a particular trend, then we can know that whether the market is going to be bearish or bullish. Currently seeing the scenario then price has fallen 4k usd then the ATH price of this month. So I am assuming this is just the price correction for now. But this doesn’t mean that Bitcoins are in bearish market. Like the history, this time it is meant for Bitcoins to cross the 69k usd mark. Let’s hope for the best.

It is possible for the price of bitcoin to remain at the current levels for quite some time, after all the whales will want to accumulate even more bitcoin before the price skyrockets, so they may decide to manipulate the price a little bit for their convenience and only allow the market to take its natural course once they are finally done with their accumulation plans, still we must see this occurrence as an opportunity for us as well, since this could allow us to buy bitcoin for a good enough price during the next months.

[naikturun]

I think it's still too early for bitcoin bulls, because there are still a few months until Q1 ends and after that we will be approaching the halbing, and the effects of that will occur several months after, it could be 5 months after the halving.
buying in increments now is also a good option.

[Obim34]

I think it's still too early for bitcoin bulls, because there are still a few months until Q1 ends and after that we will be approaching the halbing, and the effects of that will occur several months after, it could be 5 months after the halving.
buying in increments now is also a good option.

Why can't we say the bull run has started, the price of Bitcoin is far much different than where it was few months ago, just alone we not yet gonna see Bitcoin hitting new ATH so soon but definitely in no distant interval after the halving. Likely as you said, now is still one good opportunity to buy Bitcoin and Hold.

[yohananaomi]

I think it's still too early for bitcoin bulls, because there are still a few months until Q1 ends and after that we will be approaching the halbing, and the effects of that will occur several months after, it could be 5 months after the halving.
buying in increments now is also a good option.

Why can't we say the bull run has started, the price of Bitcoin is far much different than where it was few months ago, just alone we not yet gonna see Bitcoin hitting new ATH so soon but definitely in no distant interval after the halving. Likely as you said, now is still one good opportunity to buy Bitcoin and Hold.

Indeed, there was an increase in the previous few months, but it is still not certain that there will be a further increase because corrections are still likely to occur at the beginning of the halving era, but that is what will encourage Bitcoin to move upward. Bitcoin will gradually increase after the halving era and will continue until the end of this year.It is clear from the peak that in 2025 there will be a renewable ATH, and we cannot yet determine whether it will occur in Q1 or after.It's time to keep buying and holding, and I agree to keep buying in any scheme to enjoy that increase.

[Obim34]

Indeed, there was an increase in the previous few months, but it is still not certain that there will be a further increase because corrections are still likely to occur at the beginning of the halving era, but that is what will encourage Bitcoin to move upward. Bitcoin will gradually increase after the halving era and will continue until the end of this year.It is clear from the peak that in 2025 there will be a renewable ATH, and we cannot yet determine whether it will occur in Q1 or after.It's time to keep buying and holding, and I agree to keep buying in any scheme to enjoy that increase.

Since all of these are on a level of possible assumptions, I still think there will still be a little pump accroos the $50k mark just before the halving. The market won't only continue to face correction, it will certainly get above the $48k border as of the last pump before the halving begins, this could be one last opportunity for people to begin entering the market as they might not get any other chance like this.

[AnonBitCoiner]

Since all of these are on a level of possible assumptions, I still think there will still be a little pump accroos the $50k mark just before the halving. The market won't only continue to face correction, it will certainly get above the $48k border as of the last pump before the halving begins, this could be one last opportunity for people to begin entering the market as they might not get any other chance like this.

If negative news does not originates then there is a possibility that before halving the price will be 50k$ and after that there will be more pump because halving is near. BTC is now at 41k$ of price which means that if people miss this opportunity then they will not see this price again before halving because now the condition is getting better for halving at which we will see huge surge.

Entering in the market is not difficult but knowledge of accurate timing is necessary because entrance at any time is not a good idea as all the time the price is not according to our expectations so be punctual for keeping check on price in order to be profitable investors.